Getting married or living together
There’s no such thing as common law marriage. Even if you’ve lived together for years, you’re treated in the eyes of the law as two separate people. Your rights if you split up are very limited.
Yes. Most married couples own their homes as joint tenants. That means if your spouse dies, you automatically inherit their share of the property and there’s no Inheritance Tax to pay.
If you buy a property as tenants in common, each party owns a share of the property and you can specify what those shares are. If one of you dies, your share goes to whoever you have left it to in your will.
Yes. You won’t be able to inherit from each other unless you make wills. Without a will the intestacy rules apply. Anything you own in your sole name and your share of anything you own as tenants in common will go to your relatives, not your partner.
Possibly, yes. If you’ve taken out any credit or accounts in joint names or have any joint judgments, you’ll be treated as being financially connected. So when you apply for credit, the lender will be able to see and take your partner’s credit information into account.